Receipt of Consideration Sample Clauses
The 'Receipt of Consideration' clause confirms that a party has received payment or other agreed-upon value as part of a contract. In practice, this clause typically states that the seller or service provider acknowledges having received the full purchase price, deposit, or other consideration from the buyer. This acknowledgment serves as evidence that the transaction has been completed as agreed, helping to prevent future disputes over whether payment or other obligations have been fulfilled.
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Receipt of Consideration. Conexant shall have received the consideration and other items it is entitled to receive pursuant to Section 1.3.
Receipt of Consideration. The Company shall have received from each Participating Investor stock certificates representing the shares of Prior Preferred Stock to be redeemed or exchanged pursuant hereto, accompanied by executed stock powers in acceptable form, and any Prior Warrants of such Participating Investor, as the case may be.
Receipt of Consideration. The Corporation has received, prior to the date of execution hereof, $8,000 of the consideration to be paid hereunder. Said sum along with the $92,000 to be paid on the Closing Date as set forth in paragraph 3(b) shall constitute all of the cash consideration to be paid hereunder.
Receipt of Consideration. Seller (or such parties as may be directed by Seller) shall have received the Purchase Price (adjusted pursuant to and payable in the manner provided for in this Agreement).
Receipt of Consideration. Practice shall have received the Convertible Note and the Additional Promissory Note.
Receipt of Consideration. The Receipted Sum in Item 4 of the Summary/Signature Page of this Lease constitutes a payment of the Minimum or Base Rents and/or other sums required to be paid by Tenant, as consideration for this Lease. And in the event no Receipted Sum is submitted by Tenant or required by Landlord, this Lease shall be voidable at Landlord's sole option and discretion until such time as Tenant pays and Landlord accepts such an initial payment of rent, notwithstanding any other provisions of this Lease or other agreements of the parties.
Receipt of Consideration. PBT shall have delivered to WinWin a stock certificate registered in the name of WinWin representing the Initial Closing PBT Shares.
Receipt of Consideration. PBT shall have delivered to WinWin the original Note, marked cancelled and initialed by an officer of PBT, and a stock certificate registered in the name of WinWin representing the Initial Closing PBT Shares.
Receipt of Consideration. Buyer shall have delivered to Sellers the consideration described in Section 1(a).
Receipt of Consideration. The Employee hereby acknowledges his receipt of the sum of one hundred dollars ($100.00) payable to him by the Company effective as of the date hereof, which payment, in addition to mutual covenants and agreements of the parties set forth herein, represents valid and sufficient consideration for this Agreement without regard to the actual commencement date of the Employee’s employment by the Company or the performance of any services by and on behalf of the Company by the Employee.